Granite Point Capital, L.P., 10% Owner at Shake Shack Inc. (SHAK), sold 100,000 shares at $38.50 ($3.8M) on 2016-07-13, disclosed to the SEC on 2016-07-14.
Open-market sale of $3.8M SHAK by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $37.94 | 50,000 | $1.9M | 49.6% |
| 2 | $38.50 | 50,000 | $1.9M | 50.4% |
| Total | $38.22 avg | 100,000 | $3.8M | 100% |
| Filing → |
| SHAK | SELL | 2016-08-12 | $1.9M | — | Filing → |
| SHAK | SELL | 2016-02-04 | $1.1M | — | Filing → |
| SHAK | SELL | 2015-08-20 | $2.8M | — | Filing → |